Biblica / International Bible Society

The information on this page was last updated 9/12/2023. If you see errors or omissions, please email: [email protected]


Summary

Biblica is a global Bible ministry inspired by radical generosity. We are motivated by the belief that God's Word radically changes lives, and that everyone everywhere deserves to experience its truth for themselves. To that end, we pioneer ways to break down barriers to the Bible, doing whatever it takes to activate Scripture where needed most.

Now in its third century of ministry, Biblica continues to produce relevant, reliable Scripture translations and innovative resources that power the Bible ministry of hundreds of global mission organizations. Together, we invite millions to discover the love of Jesus Christ through our three core pillars of ministry:

Gateway Translation
We translate God's Word for the world's most strategic languages, catalyzing greater reach to Bibleless language communities.

Frontline Church
We equip the frontlines of Gospel ministry with Scripture resources that serve the unreached, unengaged, and unseen.

Kids in Crisis
We develop and deploy Bible programs that bring the love of Jesus to children and youth in the world's hardest places.


Contact information

Mailing address:
Biblica, Inc
300 General Palmer Dr #4
Palmer Lake, CO 80133-1871

Website: www.biblica.com

Phone: (719) 488-9200

Email: [email protected]


Organization details

EIN: 841194554

CEO/President: Geof Morin

Chairman: Michael Fitch

Board size: 11

Founder: Theodorus Van Wyck, et al

Ruling year: 1994

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1980


Purpose

Success for Biblica is alleviating Gospel poverty wherever it is found. To do this, we create critical access to God's Word, focusing especially on the world's least-reached places, so that millions of overlooked and underserved people experience an abundant life with Jesus.


Mission statement

To provide the Bible in accurate, contemporary translations and formats so that more people around the world will have the opportunity to be transformed by Jesus Christ.


Statement of faith

We Believe...

In one God, eternally existent in three persons - Father, Son, and Holy Spirit;

In the absolute deity and full humanity of our Lord Jesus Christ, God the Son, His virgin birth, His sinless life, His miracles, His substitutionary and atoning death for all through His shed blood, His bodily resurrection, His ascension to the right hand of the Father, and His personal return in power and glory to judge the living and the dead;

In the present ministry of the Holy Spirit, by whose indwelling the Christian is empowered to live a holy life, to witness and work for the Lord Jesus Christ;

In the divine inspiration of all 66 books of the Old and New Testaments as originally given, guaranteeing their infallibility, entire trustworthiness, and supreme authority in all matters of faith and conduct;

That all people are sinners and cannot save themselves. Salvation is received as a free gift of God's grace, apart from works, through repentance and personal faith in the redemptive work of Christ and the regenerating power of the Holy Spirit;

In the bodily resurrection of both the saved and the lost, the eternal blessedness of the saved, and the eternal punishment of the lost;

In the spiritual unity of believers in our Lord Jesus Christ who are thus members of His Body, the Church, whose work is the worship of God, perfecting the saints, and evangelization of the world.

Core Values

Generous - We give all we can to achieve all God wants.

Impact-driven - We love seeing lives changed by God's Word.

Faithful - We relentlessly follow Christ.

Trailblazing - We break down barriers to the Bible.

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Bible Translation Organizations

CategoryRatingOverall rankSector rank
Overall efficiency rating682 of 110410 of 16
Fund acquisition rating902 of 110513 of 16
Resource allocation rating625 of 110512 of 16
Asset utilization rating347 of 11045 of 16

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%13%15%16%13%16%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%10%12%9%8%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%78%76%58%61%58%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%11%11%10%9%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%22%24%42%39%42%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%81%81%80%77%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%88%105%95%91%106%
Program output ratio Program output ratio =
Program services /
Total revenue
76%71%85%76%70%81%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%12%-5%5%9%-6%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%35%-12%10%20%-16%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%7%8%11%14%15%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.961.861.581.321.231.60
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.231.331.501.351.481.56
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.922.472.381.791.832.49
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.045.434.323.964.943.53
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.180.230.250.200.28
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.493.963.875.015.243.45
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
15%25%40%37%37%45%
Debt ratio Debt ratio =
Debt /
Total assets
0%10%16%17%22%26%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
80%40%38%48%51%34%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$4,008,199$1,981,524$2,939,309$3,075,610$2,648,161
Receivables, inventories, prepaids$3,578,863$2,815,283$2,775,237$2,293,199$2,407,127
Short-term investments$2,184,702$2,138,730$2,473,554$1,339,194$812,653
Other current assets$0$0$0$0$0
Total current assets$9,771,764$6,935,537$8,188,100$6,708,003$5,867,941
Long-term investments$250,312$304,543$302,514$532,819$531,003
Fixed assets$2,834,237$3,098,672$2,505,331$2,595,504$2,666,294
Other long-term assets$92,664$90,897$88,864$86,661$81,536
Total long-term assets$3,177,213$3,494,112$2,896,709$3,214,984$3,278,833
Total assets$12,948,977$10,429,649$11,084,809$9,922,987$9,146,774
 
Liabilities20212020201920182017
Payables and accrued expenses$1,722,666$1,323,700$1,442,594$838,714$1,128,050
Other current liabilities$78,286$282,070$623,511$519,652$535,929
Total current liabilities$1,800,952$1,605,770$2,066,105$1,358,366$1,663,979
Debt$1,328,272$1,696,085$1,928,604$2,166,141$2,400,359
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$122,209$870,789$93,845$101,421$69,736
Total long-term liabilities$1,450,481$2,566,874$2,022,449$2,267,562$2,470,095
Total liabilities$3,251,433$4,172,644$4,088,554$3,625,928$4,134,074
 
Net assets20212020201920182017
Without donor restrictions$6,078,485$2,328,501$3,377,196$3,725,684$3,465,137
With donor restrictions$3,619,059$3,928,504$3,619,059$2,571,375$1,547,563
Net assets$9,697,544$6,257,005$6,996,255$6,297,059$5,012,700
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$21,446,885$11,969,516$8,850,924$8,278,771$8,046,639
Program service revenue$5,762,219$4,484,602$6,144,230$4,733,784$5,347,016
Membership dues$0$0$0$0$0
Investment income$57,244$62,643$285,991$25,922$23,730
Other revenue$319,792($731,245)$85,475$498,114$369,483
Total other revenue$6,139,255$3,816,000$6,515,696$5,257,820$5,740,229
Total revenue$27,586,140$15,785,516$15,366,620$13,536,591$13,786,868
 
Expenses20212020201920182017
Program services$19,634,334$13,374,731$11,663,472$9,427,260$11,118,062
Management and general$1,758,199$1,302,396$1,549,743$1,737,949$2,184,129
Fundraising$2,753,068$1,847,639$1,454,209$1,087,023$1,307,898
Total expenses$24,145,601$16,524,766$14,667,424$12,252,232$14,610,089
 
Change in net assets20212020201920182017
Surplus (deficit)$3,440,539($739,250)$699,196$1,284,359($823,221)
Other changes in net assets$0$0$0$0$0
Total change in net assets$3,440,539($739,250)$699,196$1,284,359($823,221)

Compensation

NameTitleCompensation
Geof MorinCEO$297,013
Bruce TrowbridgeCFO & Treasurer$185,267
Stephen CaveSVP-Translation$177,320
Mark FinzelVP of Digital Innovation$172,841
Tracy ThomasSVP-Advancement & Asst Secretary$171,878
Aaron LeClaireSVP - Impact$170,456
Laura FisherSVP - Mobilization$168,548
Esteban FernandezLatin Ministry Director$154,220
Jonathan CallVP of Translation and Publishing$143,091
Richard LohSr. Ministry Director - EAP$142,740
Blake SilverstromVP of Marketing$128,304
Dennis WrySenior Director of Development$106,917

Compensation data as of: 9/30/2021


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 9/12/2023. To update the information below, please email: [email protected]


History

Biblica is a global Bible ministry, releasing the world's most widely read Scriptures for maximum Gospel impact. Now in its third century of mission, Biblica continues to produce relevant and reliable Scripture translations and innovative resources that power the Bible ministry of hundreds of global mission organizations and invite millions to discover the love of Jesus Christ.

Biblica has a rich and amazing history. In 1809, a group of Christians gathered in New York's Lower Manhattan neighborhood to discuss the city's spiritual needs. Among them was Henry Rutgers (Rutgers University). Together, they formed the New York Bible Society (NYBS). The NYBS began by sharing God's Word with the residents of the city as well as immigrants, sailors and soldiers as they passed through New York. In 1810, the Society funded its first translation: William Carey's Bengali Bible translation in India. Two years later, the NYBS began its ministry to the military, and in 1815 they began ministry to prison inmates. Both of these ministries have continued to the present day. When Ellis Island opened in 1892, the Society continued providing Bibles to the flood of immigrants entering the country.

Members of NYBS went door to door throughout New York City to make sure everyone had the opportunity to hear about Christ and have a copy of the Bible in their language. Over the course of the next two centuries, the NYBS began placing Bibles in hotel rooms, providing Bibles for hospital patients, and providing braille Bibles for the blind.

During the 1950s, the Society became the publishing sponsor of the New International Version of the Bible. When it was completed in 1973, the NIV quickly became the best-selling contemporary English translation of all time. In 1988, the NYBS changed its name to the International Bible Society to better reflect its new and widening scope of ministry. In the last quarter of the 20th century, the International Bible Society translated God's Word into dozens of the world's most-spoken languages.

In 2009, the International Bible Society changed its name to Biblica. Today, Biblica partners with like-minded organizations to minister God's Word in 55 countries. Biblica's global ministry continues to include Bible translation, access, and engagement programs, and the key strategies are Gateway Translation, Frontline Church, and Rising Generations.


Program accomplishments

Helping equip the global church to engage with God's Word, in 2018, we surpassed 2 million total children reached with the Gospel through our Reach4Life New Testament program. We released the Reach4Life youth discipleship New Testament in South Africa in 2004 in response to the AIDs crisis. Since then the peer education program is in over 30 countries across the globe spanning 5 continents.


Needs